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Posts Tagged “Sales”

Independent music distributor CD Baby has been sold to the CD/DVD pressing service DiscMakers. Founder Derek Sivers explains why on his blog: "I chose Disc Makers as the new owner because their president Tony Van Veen has been one of my favorite people for years, and I always felt they'd do a better job of running CD Baby than I would." And Van Veen jumps in in the comments to say that he's "proud to be the keeper of the new flame"! Aww, feel the love. [sivers.org]

Chicago's legendary Uptown Theatre has been bought by locally based independent promoter Jam Productions for $3.2 million, pending approval of the judge presiding over the theater's foreclosure sale. The total cost of the theater will be around $5 million, thanks to some $1.8 million in liens related to city-performed maintenance work, but here's hoping the sale is the first step toward the theater's gorgeous interior being opened to the public once again after years of it sitting vacant. [Chicago Real Estate Daily via toomuchawesome / Photo via Friends of the Uptown]

OMG, could Sugarland keep Miley Cyrus from the top spot on the album charts next week? Breakout was only 2,000 sales ahead of the super-deluxe edition of Sugarland's Love On The Inside through the end of yesterday, according to sales reported by Trans World Entertainment, Best Buy, Circuit City, Starbucks, Borders, iTunes, Target, Anderson Merchandisers, and Handleman. (Both albums officially hit stores on Tuesday.) And Sugarland's outselling Miley at Amazon, too! What will Disney do? Does this mean more MySpace picture leaks are in the offing? [Billboard]

Viva La Album Sales "Coldplay has already shattered Jack Johnson's previous one-week iTunes sales record of 140k in a single day." [Hits]

By The Numbers Lil Wayne's Tha Carter III will, barring any unforeseen disasters, be next week's No. 1 album, but it won't debut in the top spot: Enough record stores broke street date on the album to result in it scanning 3,900 copies and entering this week's SoundScan charts at No. 167, where it's tied with the Santogold album and just ahead of Soulja Boy. There is something so sweetly old-school about both the street-date violations and the maybe-seven-figure first-week tallies that it's making me choke up a bit!

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David Cook: The Conspiracy Theories Continue!

After this weekend's hubbub over David Cook's Analog Heart topping Amazon's digital-download chart—then getting mysteriously pulled from the store—I was sure that the album would be somewhere in the lower reaches of SoundScan's Digital Albums Chart, a 50-album list that is rounded out this week by the 1,700-units-sold Bloodrunk by Children Of Bodom. Doesn't 1,700 downloads seem like a low-enough bar for an album that's No. 1 on a major download site's chart to leap over? Apparently not; Analog Heart isn't there. But why? I have two plausible reasons! More »

sales

iTunes Becomes No. 2 Music Retailer Despite Majors' Efforts

According to research by the NPD Group, the iTunes Store was the second-largest music retailer in the United States last year, behind only Wal-Mart. iTunes leapfrogged over Best Buy and Target—which came in second and third, respectively, to iTunes' fourth place the last time the NPD Group conducted their music-buying survey—as paid downloading experienced an overall spike of 50% between 2006 and 2007. Those downloads now make up 10% of all music sales, although unsurprisingly the rise in downloads didn't make up for the plunge experienced by CD tallies throughout the course of the year. Related to that, NPD is claiming that one million people just stopped buying CDs completely last year; maybe it's because of my scouring Soundscan during the year, but does that number seem a bit low to anyone else? [Reuters; HT Chris Molanphy]

"Vivendi's Universal Music Group saw revenue drop 3% in Q4 and 1.7% for 2007, the company said today. Digital sales grew 51%, and now make up 14% of revenues.... If you strip out UMG's revenue from its purchase of BMG publishing, full year sales would have dropped 5.8%, and Q4 would be down 7.8%. Yecch." [Silicon Alley Insider]

Gold, platinum, and diamonds just got a little less shiny in Italy, at least album-sales wise: "Gold, which was previously 40,000 units shipped, has been reduced to 35,000, while platinum drops from 80,000 to 70,000 units, and diamond drops from 400,000 to 350,000 units." [Billboard]

the sky is falling?

That Old Mid-January Sales Malaise: It's Back

From Hits: "[Next] week's chart will probably be topped by Rhino's soundtrack to the universally adored* Juno, with a projected 70-75k. It should be followed by a still-robust Alicia Keys (J/RMG), who's headed toward 60-65k, with Radiohead (TBD/ATO/RED) and Mary J. Blige (Geffen) both looking 55-60k-ish. After that comes a big drop, with nine—count 'em—nine releases all trending toward 25-30k; Yup, a piddly 25k will get you in the Top 10 next week. " And if you thought that was bad, wait, it looks even worse when you compare it to the numbers from this time last year! More »

With no fanfare and a Christmas release date, Lil Wayne's five-song, digital-only EP The Leak sold 2,400 copies during its first week in e-stores. It missed the digital-sales chart; the No. 50 album on that list, the High School Musical soundtrack, sold 3,300 copies. [XXL]

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Christmas Sucked For Music Retailers About As Much As It Did For That Dude Trapped Upside Down In The Septic Tank

Okay, maybe the holiday retail season wasn't that bad. But while even those who've wandered here this morning looking for pictures of t.A.T.u.'s baby won't be surprised that music retail experienced a drop in sales from this time last year, the steepness of said drop between 2006 and 2007 is kinda sorta pretty depressing even for us jaded industry rubberneckers "observers." More »

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Josh Groban Owns Us All

What can Oprah, a holiday hook, a lackluster year for album sales, and a pair of oh-so-pinchable cheeks get you? In the case of Josh Groban, the answer could be the No. 1 record of the year, at least according to SoundScan. Groban's O-approved Christmas album Noel has sold 2.1 million copies since coming out in October, and with the way it's been gaining in sales over the past few weeks, it will likely pass the current year-to-date leader—the High School Musical 2 soundtrack, which has sold 2.5 million copies to date—and it may even hit the unattainable-this-year 3 million sold mark. More »

"[High School Musical 2] will have a hard time reaching the 3 million copy plateau, let alone equaling the 3.7 million sales total of the original last year - which ranked as the lowest-achieving chart topper since 1991. Indeed, while the original HSM soundtrack held the dubious distinction of being the first best-selling album of the year to fall short of the 4-million copy mark, its sequel could very well be the first year-end chart topper not to reach 3 million copies sold." [NYP]

"Year-to-date, album sales are off around 14 percent, with over 400 million albums sold, according to Nielsen SoundScan. Factoring in sales of individual song downloads, sales are still off around 9 percent. To keep pace with 2006's full-year total of 588.2 million albums sold, the industry needs to sell over 150 million albums in less than six weeks. " [NYP]

Hits is predicting that every single one of this week's top 10 albums will have sales in the six-figure range, with Alicia Keys at No. 1 and Celine Dion taking a backseat to Keys, the Eagles, and that damn Josh Groban Christmas album. [Hits]

The self-titled album by American Idol winner Taylor Hicks may have been certified platinum by the RIAA, but it's only sold 697,000 sales to date. And with a weekly sales tally between 100 and 200 copies, the album probably won't hit a million copies sold until Hicks is at least 85 years old or so. [Idol Chatter]

"While West beats 50 Cent in the celebrated clash between rappers, the real winners are music merchants. With the High School Musical 2 soundtrack at No. 4 selling 133,000 copies, the top four titles alone account for 2.2 million units, more than all titles combined on last week's entire Billboard 200." [Billboard]